MyNeighborhood

Can you afford to live in Elk Grove?

Median household income, home values and rent in Elk Grove, CA — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in Elk Grove.

Median household income: $122,229 — +53.8% since 2015 (not adjusted for inflation)

Median gross rent: $2,180/mo — +49.3% since 2015

Median home value, 2015 to 2023

  • 2015: 288400
  • 2023: 603400

Median household income

  • Elk Grove: 122229
  • Sacramento County: 88724
  • CA: 96334
  • U.S.: 78538

Median gross rent

  • Elk Grove: 2180
  • Sacramento County: 1702
  • CA: 1956
  • U.S.: 1348

Share of income a typical renter spends on rent: 32.1% — U.S.: 30.2%

What it means

The typical household here earns $122,229 — far higher than the national figure of $78,538.

The typical renter here spends 32.1% of household income on rent, above the 30% level housing agencies use to define cost burden.

Since 2015, income has kept pace with rent here (+53.8% versus +49.3%), before adjusting for inflation.

Sources

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